Stubhub is giving a strong indication that its IPO is back again. It filed a public S -1 at the end of March, then in April, the Trump administration’s tariff left Wall Street. On Monday, it filed an updated S-1 which now includes Q1 2025 results.
IPO specialist Renaissance capital In March, it is estimated that the IPO may increase $ 1 billion, and states that this fresh S -1 may mean debut next month. Stubahb refused to comment on his IPO plans, citing his quiet period.
In 2024, it produced about $ 1.8 billion in revenue and recorded a net loss of $ 2.8 million. Its largest shareholder is Madron Partners (27.1%) and followed by Westcap Management (10.8%) and Besmer (9.6%). The founder’s CEO Eric Baker has only 5.2% of the class A shares, but he holds all the super-voting rights B shares (4.95 million), which keeps him under control with 90% of the vote.
